11% Dhani Loans NCD January 2022

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NCD SubscriptionAllotment Status
Dhani NCD Jan 2022

Dhani Loans NCD Jan 2022 description – The company is a non-deposit taking systemically important NBFC registered with the RBI and a 100% subsidiary of Dhani Services Limited (formerly Indiabulls Ventures Limited). It provides transaction finance to its customers through an array of product offerings on the Dhani App and also provides personal loans, secured and unsecured business loans to individual and corporates.

Dhani Services Limited is a consumer business that operates its mobile application “Dhani” through which it provides digital healthcare and digital transactional finance to large and underserved population in India, offering them convenient daily transaction capabilities, with credit limits determined by an algorithm, based on their credit history on the digital platform. Its technology platform simply provides subscribers with access to credit, allowing them to carry out financial and payment transactions through the Rupay interface.

As at 30 September 2021, the company has 133 branches and has disbursed loans to customers in over 900 cities in India through the Dhani App, enabling it to operate on a pan-India basis. Further, the company had over 14,000 employees as at 30 September 2021.

Promoter of Dhani Loans and Services – Dhani Services Limited


Dhani Loans NCD Jan 2022 details

Subscription Dates4 – 27 January 2022
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000 per NCD
Issue PriceINR1,000 per NCD
Issue Size (Base)INR150 crore
Overall Issue Size (including oversubscription)INR300 crore
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor370 Days
24 Months
36 Months
Credit RatingIVR AA / Stable
Category ReservationCategory 1 (QIB): 30%
Category 2 (NII): 10%
Category 3 (HNI): 30%
Category 4 (Retail): 30%
Basis of AllotmentFirst Come First Serve
Listing OnBSE, NSE

Dhani Loans NCD Jan 2022 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon Rate Effective YieldMaturity Amount
Series 1370 days Cumulative NA10%INR1,101.44
Series 224 monthsAnnual10.5%10.5%INR1,000
Series 324 monthsCumulativeNA10.5%INR1,221.03
Series 424 monthsMonthly 10.03%10.5%INR1,000
Series 536 monthsAnnual11%10.99%INR1,000
Series 636 monthsCumulative NA11%INR1,368.05
Series 736 monthsMonthly10.49%11%INR1,000

Dhani Loans Non Convertible Debentures Registrar

KFin Technologies Private Limited 
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com


Dhani Loans NCD Documents


Dhani Loans and Services Contact Details

Dhani Loans and Services Limited
Indiabulls House, One International Centre,
Senapati Bapat Marg, Elphinstone Road,
Mumbai – 400 013
Phone: +91 22 6189 1000
Email: [email protected]
Website: www.dhaniloansandservices.com


Dhani Loans NCD January 2022 Subscription Status (no. of times)

Category 1 (QIB)Category 2 (NII)Category 3 (HNI)Category 4 (Retail)Total
21 Jan 20220.560.430.231.390.70
20 Jan 20220.560.430.231.260.66
19 Jan 20220.560.430.221.250.65
18 Jan 20220.560.430.221.190.63
17 Jan 2022 0.560.410.211.120.61
15 Jan 2022 0.560.410.191.000.56
14 Jan 20220.560.410.190.990.56
13 Jan 20220.560.410.210.930.55
12 Jan 2022 0.560.080.200.810.48
11 Jan 20220.000.080.200.760.30
10 Jan 20220.000.080.200.660.27
7 Jan 20220.000.030.120.500.19
6 Jan 2022 0.000.030.060.370.13
5 Jan 20220.000.000.050.250.09
4 Jan 20220.000.000.030.130.05

Dhani Loans NCD Jan 2022 Allotment Status

Dhani Loans NCD Jan 2022 allotment status will be updated at the website of KFin Technologies’ website. Click on this link to get allotment status.


Dhani Loans NCD Jan 2022 FAQs

What are Dhani Loans NCD Jan 2022 offer dates?

Dhani Loans NCD Jan 2022 offer opens on 4 January 2022 and closes on 27 January 2022. It should be noted that the NCD offer may be closed early in case of full subscription before the closing date.

What is basis of allotment in Dhani Loans NCD Jan 2022 offer?

Dhani Loans NCDs will be allotted on a First Come First Serve Basis.

What is the face value and lot size of Dhani Loans NCD Jan 2022?

The NCDs will be issued at a face value of INR1,000 each NCD and the minimum lot size is 10 NCDs.

What is the frequency of interest payment in Dhani Loans NCD Jan 2022?

The frequency of payment for Dhani Loans NCD Jan 2022 is Monthly, Annual and Cumulative.

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